As I expected, FDA clearance for InVivage now is (hopefully) a 2025 approval. With all the other things going on with OIL as detailed in this presentation, very exciting, but from my, admittedly cheap seats, view, it is a slow 2024 coming from a revenue perspective. However, happy they have survived through tough times and continually doing amazing things on the tech side of things.
I am concerned on the push on the US office/sales team with the oral device so far in the future. But there is so much going on with the company now, I assume management have a way to keep costs managed well enough with sales with other tech.
How do others see this presentation?
Ann: OIL Managing Director's Presentation & Chair's Address, page-2
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